Sep. 17th, 2008

johnnysorrow: (Default)
So I was thinking about it this morning. The economic failures that have happened while the President was on the Watch.

1) Bankruptcy protection for the consumer.

2) The Mortgage Crisis.

3) The Stearns and Bear bank failure.

4) The Lehman failure

5) AIG failure.


four of these failures happened within a year. One completely shafted consumers in favor of hte banks. This wouldn't be so bad, but its not the last were going to see. MY guess is that were going to see a collapse of the Credit Card industry, and probably a major bank like Wellsfargo or BofA or even WAMU fail as well. Were bleeding money in a stupid war, we have rising fuel costs, and growing poor, and they are talking tax cuts, tax cuts, tax cuts. I wonder if I did some research if this is how the other companies that the President ran into the ground ended up. At this point though it will never happen, we need to raise taxes and make everyone pay their fair share. People need to stop falling asleep at the fucking wheel.

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johnnysorrow

May 2011

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